BYRNA TECHNOLOGIES INC (BYRN) Stock Fundamental Analysis
NASDAQ:BYRN - Nasdaq - US12448X2018 - Common Stock - Currency: USD
BYRN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 65 industry peers in the Aerospace & Defense industry. BYRN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. BYRN is valued quite expensively, but it does show have an excellent growth rating. With these ratings, BYRN could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
BYRN had positive earnings in the past year.
In the past year BYRN had a positive cash flow from operations.
BYRN had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: BYRN reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of BYRN (17.78%) is better than 96.88% of its industry peers.
With an excellent Return On Equity value of 23.53%, BYRN belongs to the best of the industry, outperforming 90.63% of the companies in the same industry.
The Return On Invested Capital of BYRN (9.33%) is better than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.78% | ||
| ROE | 23.53% | ||
| ROIC | 9.33% |
ROA(3y)-3.9%
ROA(5y)-15.32%
ROE(3y)-4.33%
ROE(5y)-33.75%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 14.92%, BYRN belongs to the best of the industry, outperforming 89.06% of the companies in the same industry.
With a Operating Margin value of 7.78%, BYRN perfoms like the industry average, outperforming 54.69% of the companies in the same industry.
BYRN has a better Gross Margin (61.54%) than 95.31% of its industry peers.
In the last couple of years the Gross Margin of BYRN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.78% | ||
| PM (TTM) | 14.92% | ||
| GM | 61.54% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.26%
GM growth 5Y30.43%
2. Health
2.1 Basic Checks
BYRN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for BYRN has been increased compared to 1 year ago.
Compared to 5 years ago, BYRN has more shares outstanding
There is no outstanding debt for BYRN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 23.57 indicates that BYRN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 23.57, BYRN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
BYRN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 23.57 |
ROIC/WACC1
WACC9.37%
2.3 Liquidity
A Current Ratio of 3.30 indicates that BYRN has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.30, BYRN is doing good in the industry, outperforming 79.69% of the companies in the same industry.
BYRN has a Quick Ratio of 2.01. This indicates that BYRN is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of BYRN (2.01) is better than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.3 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
BYRN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 663.64%, which is quite impressive.
BYRN shows a strong growth in Revenue. In the last year, the Revenue has grown by 101.07%.
The Revenue has been growing by 147.68% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)663.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%4200%
Revenue 1Y (TTM)101.07%
Revenue growth 3Y26.7%
Revenue growth 5Y147.68%
Sales Q2Q%78.89%
3.2 Future
Based on estimates for the next years, BYRN will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.58% on average per year.
Based on estimates for the next years, BYRN will show a quite strong growth in Revenue. The Revenue will grow by 18.79% on average per year.
EPS Next Y-22.51%
EPS Next 2Y10.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year29.23%
Revenue Next 2Y25.48%
Revenue Next 3Y28.89%
Revenue Next 5Y18.79%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 47.06, BYRN can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as BYRN.
The average S&P500 Price/Earnings ratio is at 30.30. BYRN is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 60.73 indicates a quite expensive valuation of BYRN.
BYRN's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.06, BYRN is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.06 | ||
| Fwd PE | 60.73 |
4.2 Price Multiples
BYRN's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BYRN is more expensive than 65.63% of the companies in the same industry.
BYRN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 70.36 | ||
| EV/EBITDA | 76.73 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.58%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for BYRN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
29.175
-2.93 (-9.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners40.13%
Inst Owner Change28.52%
Ins Owners19.4%
Ins Owner Change0.62%
Market Cap660.81M
Analysts84
Price Target26.14 (-10.4%)
Short Float %13.62%
Short Ratio4.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)150.86%
Min EPS beat(2)47.04%
Max EPS beat(2)254.68%
EPS beat(4)4
Avg EPS beat(4)181.66%
Min EPS beat(4)47.04%
Max EPS beat(4)254.68%
EPS beat(8)6
Avg EPS beat(8)-8.84%
EPS beat(12)7
Avg EPS beat(12)-21.73%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.87%
Min Revenue beat(2)-2.03%
Max Revenue beat(2)-1.7%
Revenue beat(4)2
Avg Revenue beat(4)10.9%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)42.11%
Revenue beat(8)3
Avg Revenue beat(8)0.08%
Revenue beat(12)3
Avg Revenue beat(12)-2.23%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)12.95%
EPS NQ rev (1m)100%
EPS NQ rev (3m)-81.82%
EPS NY rev (1m)2.17%
EPS NY rev (3m)35.86%
Revenue NQ rev (1m)6.13%
Revenue NQ rev (3m)0.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.06 | ||
| Fwd PE | 60.73 | ||
| P/S | 7.71 | ||
| P/FCF | 70.36 | ||
| P/OCF | 56.29 | ||
| P/B | 12.15 | ||
| P/tB | 13.55 | ||
| EV/EBITDA | 76.73 |
EPS(TTM)0.62
EY2.13%
EPS(NY)0.48
Fwd EY1.65%
FCF(TTM)0.41
FCFY1.42%
OCF(TTM)0.52
OCFY1.78%
SpS3.79
BVpS2.4
TBVpS2.15
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.78% | ||
| ROE | 23.53% | ||
| ROCE | 11.81% | ||
| ROIC | 9.33% | ||
| ROICexc | 17.14% | ||
| ROICexgc | 20.95% | ||
| OM | 7.78% | ||
| PM (TTM) | 14.92% | ||
| GM | 61.54% | ||
| FCFM | 10.95% |
ROA(3y)-3.9%
ROA(5y)-15.32%
ROE(3y)-4.33%
ROE(5y)-33.75%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.26%
GM growth 5Y30.43%
F-Score7
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 157.41% | ||
| Cap/Sales | 2.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 143.84% | ||
| Profit Quality | 73.43% | ||
| Current Ratio | 3.3 | ||
| Quick Ratio | 2.01 | ||
| Altman-Z | 23.57 |
F-Score7
WACC9.37%
ROIC/WACC1
Cap/Depr(3y)202.29%
Cap/Depr(5y)309.93%
Cap/Sales(3y)3.87%
Cap/Sales(5y)4.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)663.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%4200%
EPS Next Y-22.51%
EPS Next 2Y10.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)101.07%
Revenue growth 3Y26.7%
Revenue growth 5Y147.68%
Sales Q2Q%78.89%
Revenue Next Year29.23%
Revenue Next 2Y25.48%
Revenue Next 3Y28.89%
Revenue Next 5Y18.79%
EBIT growth 1Y185.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year187.86%
EBIT Next 3Y80.11%
EBIT Next 5Y53.44%
FCF growth 1Y214.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y201.62%
OCF growth 3YN/A
OCF growth 5YN/A